$2,000,000
Joey Costello
Windermere North Spokane
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Make a winning offer with the help of a local expert
About This Home
This 15-unit multifamily property is located on Spokane’s desirable South Hill and features a mix of 12 one-bedroom units and 3 two-bedroom units. The 20,732 SF building was built in 1913 and offers 7 off-street parking stalls and on-site laundry. The property is offered at $2,000,000, or $133,333.33 per unit, with gross monthly income of $20,420.42, a reported NOI of $131,155.72, and a 6.56% cap rate.
Property Details
Property Type
Residential Income
Year Built
1913
County
Spokane
Lot Size
0.18 acres
Living Area
20,732 sqft
Price / Sqft
$96
Total Parking
7 spaces
Schools
Elementary: Spokane Dist 81
Days on Market
31 days
MLS #
SAR202622775
Parcel #
35194.2407
Total Building Area
20,732 sqft
MLS Area
A220/032
MLS Class
Rental Income
Listing Terms
Conventional, Cash
Road Frontage
City Street, Paved Road
Street Direction
S
Listed On
Aug 18, 2026
Status Changed
Aug 25, 2026
Last MLS Update
Aug 28, 2026
MLS Branch
1041
School Information
Elementary
Spokane Dist 81
Home Features & Details
Construction
Structure Type
Roof
Basement
Heating
Parking
Listed By
Dallas Lightner
LT Real Estate
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Estimated Monthly Payment
$10,833/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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